This exceptional 18,900-square-foot office building, situated on a 1.48-acre lot in Huntersville, North Carolina, presents a compelling owner-user investment opportunity. The Class B property, built in 1995, features two stories and is ideally suited for executive or medical office uses. Located at 9816 Sam Furr Road, this high-visibility property boasts a prominent hard corner location on a major thoroughfare in North Charlotte, offering excellent exposure and accessibility. The asking price is $5,500,000, translating to $291.01 per square foot. Its strategic location offers proximity to key amenities and a thriving community. Just north of Uptown Charlotte and less than two miles from Lake Norman, the property benefits from the area's robust growth. Nearby attractions include Birkdale Village, North Cross Shopping Center, and North Lake Mall, providing ample retail and entertainment options. Huntersville's burgeoning craft brewery scene, diverse retail offerings, and popular local restaurants and shops further enhance the property's appeal. The area's booming population growth has solidified Huntersville-Lake Norman as one of the Charlotte MSA's fastest-growing commercial and residential hubs, making this a highly desirable investment. The property's size, location, and versatile functionality make it an attractive prospect for businesses seeking a prominent and well-connected presence in a rapidly expanding market. The address is 9816 Sam Furr Rd, Huntersville, NC 28078, in Mecklenburg County.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,915,090
6.5%
$2,690,852
7%
$2,498,648
Comparable approach
Method
Valuation
Relative Method
$2,047,659
Geo Method
$2,047,659
Alternative Use
Use
Valuation
Residential
$3,336,656
Hospitality
$3,056,360
Educational
$2,542,855
Medical
$2,630,308
Retail
$3,955,552
Location Insight
City
Huntersville
County
Mecklenburg
State
North Carolina
Latitude
35.4413
Longitude
-80.8605
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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